SNAP Benefits Recipients in Gallatin County, KY
CBR21077KYA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
738.00
Year-over-Year Change
-59.80%
Date Range
1/1/1989 - 1/1/2022
Summary
This economic trend measures the number of Supplemental Nutrition Assistance Program (SNAP) recipients in Gallatin County, Kentucky. It provides insight into food insecurity and socioeconomic conditions in the local area.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The SNAP Benefits Recipients in Gallatin County, KY data series tracks the total number of individuals receiving federal SNAP benefits within this specific county. This metric is a key indicator of social welfare and can inform policymakers and researchers about poverty, food access, and economic well-being in the region.
Methodology
The data is collected and reported by the U.S. Census Bureau based on administrative records from the SNAP program.
Historical Context
SNAP participation rates are closely monitored by government agencies and nonprofits to evaluate the effectiveness of food assistance programs and identify areas of need.
Key Facts
- Gallatin County, KY has a population of around 8,700 people.
- SNAP enrollment peaked in Gallatin County during the 2008-2009 recession.
- Over 20% of Gallatin County residents receive SNAP benefits.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of individuals receiving Supplemental Nutrition Assistance Program (SNAP) benefits in Gallatin County, Kentucky.
Q: Why is this trend relevant for users or analysts?
A: SNAP participation rates provide insight into food insecurity and socioeconomic conditions in the local area, which is useful for policymakers, researchers, and social service providers.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau based on administrative records from the SNAP program.
Q: How is this trend used in economic policy?
A: SNAP enrollment is closely monitored by government agencies and nonprofits to evaluate the effectiveness of food assistance programs and identify areas of need.
Q: Are there update delays or limitations?
A: The data may be subject to reporting lags and only represents SNAP recipients in Gallatin County, Kentucky.
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Citation
U.S. Federal Reserve, SNAP Benefits Recipients in Gallatin County, KY (CBR21077KYA647NCEN), retrieved from FRED.